(24-hour Dogecoin price trend)

Dogecoin Soars Amidst Market Volatility

At 2:00 p.m. EST on February 23, 2025, the latest price of Dogecoin (DOGE) stood at $0.2448631375129, indicating a 24-hour trading volume of $764,684,450.76369. Over the past 24 hours, Dogecoin's value has increased by 0.37577565%.

Regarding supply, Bitcoin currently has a circulating supply of 148,161,796,383.71 DOGE, with no maximum supply specified. The total supply currently matches the circulating supply, amounting to 148,161,796,383.71 DOGE. The circulating market capitalization is valued at $36,279,362,322.061.

While Dogecoin has experienced modest gains in the past 24 hours, the wider cryptocurrency market remains volatile. Bitcoin, the leading digital asset, has fluctuated significantly in recent weeks, and its price action has influenced the trajectory of many altcoins, including Dogecoin.

Analysts attribute Dogecoin's recent rise to a combination of factors, including renewed interest from retail investors, positive news surrounding its underlying technology, and speculation about potential partnerships and developments.

Despite the recent surge, it is important to note that Dogecoin remains a highly speculative investment. As with any cryptocurrency, its value is subject to substantial fluctuations, and investors should carefully consider their risk tolerance before making any investment decisions.